Riku Kiyokawa
College student looking to get foot in the door
Hello all!My name is Riku, a senior at Michigan State University studying construction management.I am interested in buying fixer uppers, and selling them for profit or holding onto them to generate passive income. I ...
Johnny Self
$100k in primary home equity and $30k privatey saved–how should I invest it?
Hey everyone,I bought my loft in 2021 and did some renovations to it over the last 2 years. With the property value + renovations, I'm estimating my appraisal that I just ordered will put me between $75,000-$100,000 i...
Ron Nawrocki
Are banks inadvertantly financing the recovery?
The government officials are taking credit for the great job they've done to get the economy crawling forward. Consumer spending and retail sales are up. But no one mentions where that money is coming from. It's not f...
Edwin E.
A mortgage Co asked me to sign an " Access to funds " form
A mortgage Co I'm dealing with asked me to sign the above mentioned form. That's new to me. It says " This letter is to certify that ............ has 100% access to our joint account #.... " In the past I have provi...
Account Closed
How do you invest in REITs? Are they safe? Pros and cons? Where to find the best?
I'm thinking about investing in REITs, and from the little that I have heard, they sound too good to be true. Guaranteed returns, nothing to manage, etc... On the surface, they seem like a good way to create annual ...
Sean O'Keefe
PMs don't create pain for rental owners to get tax and financial info?
I recently spoke to a property management firm that told me their clients don't experience any pain with financials or taxes Jan - April.
I'm curious,
Is this PM out of touch with reality OR on how rental property...
Muneef Alfadli
investing as LLC vs individual for first rental property
I have been in a paralysis by analysis with real estate for a long time now 3 years exactly looking at few deals and then backing out. I looked at turnkey properties then backed out. I looked at the local market which...
Robin Croen
Better to put down 20%, or use some of that money for ADU?
TL;DR: Trying to buy in an expensive market. Should we put down a 20% deposit for our first home, or should we put down a smaller deposit and use the leftover cash to pay for an ADU that will generate supplemental inc...
Lawrence Ratliff
Possibly looking for new buy and hold market
Hello Everyone,
I hope you are all finding success. I now have a few SFR long term rentals in south Dallas. I have them on 15 year loans, positive cash flow on each one (not much but I am in it for retirement incom...
William McDaniel
17 Year Plan for retirement
Hello, I am starting to consider getting into multi-family units with the very specific goal of replacing my current day job income when I plan to retire at 62. Here are my current thoughts and situation and looking ...